Daystar University Economics, Welcome to the School of Business and Economics. The School aims at equipping business servant leaders for Africa with a world-class business education. The school concerns itself with issues ranging from servant-leadership, sustainable business management and ethical business behavior. The school also aims to contribute to an advancement of governance, justice and economic development through developing and increasing knowledge and skills. The School degree programmes prepare students for the personnel needs of the changing business environment and for participation in the global economy.
DEPARTMENT OF ECONOMICS
1. Bachelor of Science In Economics
The Bachelor of Science in Economics degree is a broad-based globally oriented programme designed to provide the student with sound knowledge of economic disciplines and adequate tools for the understanding of economic variables, necessary for effective decision making in a rapidly changing global economic environment.
To join Daystar Bachelor’s programme a candidate needs a C+ (plus) and above in KCSE or, 5 Credits in IGCSE; or 2 Principal passes in ‘A’ level or Division 2 in GCE or 50% from other countries using percentages; or CPA (K) entry to commerce degree. The applicant must also possess a C (plain) in Mathematics.
Requirements for Graduation
To graduate a student must complete a total of 129 hours: 30 hours of general courses, 87 required courses in economics, 6 hours of economics electives and 6 hours general electives.
2. Master of Business Administration (MBA)
The programme aims at giving participants adequate business knowledge to enable them play effective roles in their work responsibilities whether in private, public or Christian organizations. The integration of the Christian vision within the courses offered, participation in societal activities, class instruction, discussions and projects will develop in students a Christian world view promoting commitment and servanthood. Majors: MBA Marketing, MBA Finance, MBA Strategic Management, MBA Human Resource.
The entry requirement is a Bachelors degree from an accredited university with a minimum cumulative GPA of 2.75 on a 4.00, or a degree awarded with First Class or an Upper Second Class Honours. Those whose GPA is 2.5 or who have Lower Second Class Honours and Higher Diploma with relevant experience may be considered if the degree or diploma is relevant to the field of study.
Requirements for Graduation
To graduate a student must complete 58 (or 60 if a student takes a thesis instead of a project) credit hours and obtain a GPA of 3.00 (grade “B” average) in all subjects’ studied. A student who fails in a required course cannot graduate unless the course is repeated and passed. He/she will be allowed to repeat the course only once.
3. Master of Science in Economics (MSc Economics)
The Master of Science in Economics is designed to develop economists armed with the tools for economic analysis, management and planning. The program is broad based, internationally oriented, and aims at providing advanced skills in economic analysis and planning including practical exposure to the application of those skills in a contextualized perspective. Candidates for the program are expected to appreciate that Daystar University is an institution where Christian faith is integrated into the learning process.
The program is tailored for candidates who may already be serving in various capacities in economic management, analysis and planning. The program will also benefit students completing first degrees and intending to take careers in private, public and other organizations in the areas of economic analysis and planning as well as in the financial sector.
The program aims at giving participants adequate economic knowledge and analytical skills to enable them to play effective roles in their work responsibilities whether in private, public or Christian organizations. It is designed to produce well-rounded dedicated economists, knowledgeable in their fields of work, loyal, devoted and dependable with moral responsibilities to the communities and organizations they serve.
The Programme Learning Outcomes
Upon completion of the program the learner will be able to:
- demonstrate knowledge of economic management in the ever changing economic environment;
- identify emerging economic issues and new;
- developments in the field of economics;
- demonstrate understanding of economic interdependence between various countries in the world today;
- discuss the dynamics of the realities of global economic problems and explain their impact on organizations;
- perform data analysis, interpretation and projections;
- demonstrate creativity and innovativeness as managers in both local and international business scene;
- integrate Christian values and ethics in economic analysis, planning and management.
Those applicants holding a Bachelor’s Degree in Economics with at least upper second-class Honours or with a cumulative grade point average (GPA) of at least 2.7 or equivalent in their undergraduate studies from recognized universities qualify for admission. Applicants with second-class lower division can be considered for admission provided they have at least 3 years of experience in the area of Economics.
Course Duration & Requirements for Graduation
It is anticipated that the MSc in Economics will run for two-years. In the first year, students will be expected to do their course work. In the final year, students will be expected to complete their course work, combined with thesis writing.
Students not on full time mode of study time may take five years, with the possibility of extending the time to seven years.
In order to meet the requirements for graduation the student is required to take a total of 51 credit hours (including thesis), which comprise 45 credit hours dedicated to core courses and the remaining 6 credit hours dedicated to elective courses.
The Design of the Programme
The MSc Economics program compares very well with the African Economic Research Consortium (AERC) MA program offered at various universities in Africa. AERC has been instrumental in promoting the study of economics at the post-graduate level in Africa.
The MSc Economics program at Daystar in addition to the fundamental economics courses has introduced some crucial courses in management and biblical foundation, courses considered relevant in developing servant leadership. The MSc program is therefore unique in that, besides the requisite economics courses, it incorporates courses relevant in character formation.